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(NITIRAJ) Nitiraj Engineers complete technical analysis [charts+indicators] | Buy/Sell Nitiraj Engineers | (NITIRAJ) share price targets

Complete technical analysis of Nitiraj Engineers (NITIRAJ) by charts plus indicators, forecast predictions and share price targets for Nitiraj Engineers (NITIRAJ)

Showing technical analysis as on 2024-10-28 View latest technical analysis

10 day averaged volume of Nitiraj Engineers is 8962

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	231.65	223.60	245.60	223.60	4.5 times
25 Fri Oct 2024	223.30	244.95	250.45	221.00	1.506 times
24 Thu Oct 2024	237.55	247.05	247.05	235.05	0.736 times
23 Wed Oct 2024	244.90	244.70	247.40	240.85	0.646 times
22 Tue Oct 2024	242.85	252.50	258.40	242.00	0.614 times
21 Mon Oct 2024	252.10	253.95	275.00	241.80	1.349 times
18 Fri Oct 2024	250.00	250.70	269.00	246.60	1.597 times
17 Thu Oct 2024	251.70	244.95	254.60	244.95	0.729 times
16 Wed Oct 2024	244.40	264.15	267.45	241.85	1.751 times
15 Tue Oct 2024	259.95	261.50	264.55	257.10	0.352 times

Stock of Nitiraj Engineers (NITIRAJ) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 238.5, but if it comes above 238.5, then a intra day buy could be more profitable.
If you take a sell trade below 238.5, then use 238.5 as stoploss and 227.4 as target. However if you take a buy trade in stock , then use 238.5 as stoploss and 247.74 as target.

Share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Target	169.30
Downside Target	189.60
Downside Target	200.30
Downside Target	213.01
Downside Target	221.00
Upside Target	238.05
Upside Target	258.31
Upside Target	259.30
Upside Target	259.70
Upside Target	269.00
Upside Target	272.05
Upside Target	275.00

Intraday share price targets for Nitiraj Engineers (NITIRAJ)

Target Type	Value
Downside Intraday Target	221.63
Downside Intraday Target	211.62
Upside Intraday Target	243.63
Upside Intraday Target	255.62
Upside Intraday Target	233.62

Weekly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	231.65	223.60	245.60	223.60	0.927 times
25 Fri Oct 2024	223.30	253.95	275.00	221.00	0.943 times
18 Fri Oct 2024	250.00	262.90	269.00	241.85	1.12 times
11 Fri Oct 2024	254.45	255.00	272.05	238.05	1.825 times
04 Fri Oct 2024	250.35	241.40	259.30	241.40	0.421 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nitiraj Engineers (NITIRAJ)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	231.65	252.00	275.00	221.00	0.75 times
30 Mon Sep 2024	254.74	236.55	258.31	213.01	1.255 times
30 Fri Aug 2024	236.55	206.75	259.70	200.30	1.246 times
09 Thu May 2024	209.95	192.05	239.05	189.60	1.537 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nitiraj Engineers (NITIRAJ)

Price action analysis of Nitiraj Engineers ( (NITIRAJ) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nitiraj Engineers ( (NITIRAJ) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nitiraj Engineers ( (NITIRAJ) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nitiraj Engineers stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nitiraj Engineers in short term but the sell signal is initial and weak.

Nitiraj Engineers Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nitiraj Engineers in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Nitiraj Engineers is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 239.71 and Nitiraj Engineers (NITIRAJ) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nitiraj Engineers (NITIRAJ) stock. Volume based technical analysis of Nitiraj Engineers (NITIRAJ) stock is negative.

Nitiraj Engineers Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.